Bandhan Mutual Fund, which previously held a 4.25 percent stake in Vidya Wires Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction in its holding to below the 1 percent disclosure threshold.
A manufacturer of copper and aluminium wires incorporated in 1981, Vidya Wires serves electrical, construction, and industrial sectors across India. The company specializes in producing high-quality wire products for power transmission, distribution, telecommunications, and various industrial applications. Its vertically integrated operations and focus on reliable manufacturing and consistent product quality distinguish it in the competitive metal wire sector.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
